Energy Focus Q1 sales down 26% to $0.6M; net loss narrows to $0.3M

ENERGY FOCUS, INC/DE

Net sales $0.6M, down 26.1% YoY; military sales fell 22.7%, commercial 32.1%.
Net loss $0.3M ($0.05 per share) vs $0.4M loss ($0.09) in Q1 2024.
Cash $0.5M as of Mar 31, 2025, down from $0.6M at Dec 31, 2024.
CEO Jay Huang invested $200k via private placement of 103,627 shares at $1.93 in March 2025.
Pursuing GCC, Central Asia, ESS, AI data center UPS, and microgrid expansion; needs additional capital.

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